energy transition

California seems to face the prospect of electricity shortages almost every summer. For example, Californians were asked to voluntarily reduce their electricity consumption for 10 days in a row in August. A few weeks later, the state’s grid operator issued another emergency alert: “Conserve energy now to protect public health and safety … Power interruptions […]

Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

When reflecting on recent years, the exacerbating climate crisis has resulted in a paradigm shift where attitudes and actions are concerned. Rather than being a subject of ongoing debate and divided opinions, global warming has instigated radical reform throughout Middle Eastern society, inspiring nations to introduce abatement imperatives, enact meaningful change, and embark on a […]

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

A project executed from conception through commissioning with the ideals of shared risk and shared success offers a unique approach to project execution, which could be replicated to keep other power plants in

People around the world are searching for ways to decarbonize, and green hydrogen is a fuel that can help in that effort. Green hydrogen is produced through electrolysis using renewable energy, such as wind and solar power. Although most hydrogen produced today is made from natural gas, often referred to as gray hydrogen, new capacity […]

Regional coordination becomes even more valuable during the energy transition  CARMEL, Ind. — Today, the Midcontinent Independent System Operator (MISO) announces the Forward View of the Value Proposition which projects the benefits of MISO membership for 2030 and 2040. The Forward View will reflect expanded value streams including the projected value of sharing flexible resources […]

Collaboration to accelerate the deployment of sustainable and smart energy management solutions Complementary portfolios in medium and high-voltage technologies to provide greater customer value Zurich, Switzerland, June 9, 2022 – Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, and Schneider Electric, the leader in the digital transformation of energy […]

Versatile and plentiful, hydrogen could go a long way toward helping the world meet its climate targets. Already, it’s a component in all eight of the European Commission’s (EC’s) net-zero emissions scenarios for 2050. Meanwhile, in the U.S., the Department of Energy has initiatives that will spur significant investment in the hydrogen economy—efforts boosted by […]

The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant. The analysis from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]